Good afternoon, ladies and gentlemen, welcome to the annual meeting of the shareholders of Canadian Natural Resources. My name is Murray Edwards, and as chairman of the corporation, on behalf of Canadian Natural, we wish to thank you for attending this meeting. Due to the travel and gathering restrictions that have resulted from the COVID pandemic, we are again holding the corporation's annual meeting of shareholders in a virtual format. Under the bylaws of the corporation, I shall act as chairman of the meeting. The purpose of this meeting is the routine annual business of the corporation, being the receipt of the annual report of Canadian Natural, containing the consolidated financial statements and the report of the auditors, the election of directors of Canadian Natural, and the appointment of auditors. The shareholders will also be asked to consider, on an advisory basis, a resolution on the corporation's approach to executive compensation. Participation in the meeting is a right reserved solely for the registered shareholders of Canadian Natural Resources or their designated proxy holder. A number of people who are not shareholders of Canadian Natural have also joined the meeting as observers. I will welcome you as guests of the meeting to follow the proceedings. Any registered shareholders or their designated proxy holders who have questions or matters to raise should raise them at the appropriate time. As this meeting is being held virtually via live webcast, we think it's necessary to set out a few rules for the orderly conduct of the meeting. First, questions in respect of a motion can be submitted by any registered shareholder or duly appointed proxy holder using the instant messaging service of the Lumi Virtual Interface. Please note there'll be a slight delay in the publication of the communications received. Second, when asking a question, please indicate your name, which entity you represent, if any, and confirm that you are a registered shareholder or a duly appointed proxy holder. Third, for the purpose of the meeting today, voting on all matters will be conducted by electronic ballot. Registered shareholders and duly appointed proxy holders will be advised to vote on each business item. Finally, four, when you're able to vote, you'll receive a message on the Lumi Virtual Interface requesting that you register your votes. You only have a certain amount of time to do so once the polls are open. With that, we will now proceed with today's meeting. To speed up our meeting, I will move and second all motions. As the timing of the calling of the annual meeting of the shareholders of Canadian Natural is advised, the meeting will now come to order. We have asked Mr. Paul Mendes, Vice President, Legal, General Counsel, and Corporate Secretary of the corporation, to act as secretary of the meeting, and Computershare Trust Company of Canada, through his representatives, to act as scrutineers to complete the votes taken at this meeting and to report thereon. The notice calling this meeting of shareholders, together with the form of proxy, management's circular, and the audited consolidated financial statements for the corporation, were mailed to the corporation's shareholders, the directors, and the auditor of the corporation. A declaration as to such mailing has been provided by Computershare as the corporation's transfer agent, and the secretary will annex the declaration to the minutes of this meeting. Under the bylaws of the corporation, the quorum for the meeting is shareholders present in person or by proxy, representing not less than 5% of the common shares outstanding. We are advised that there is a quorum present, and we will now propose to proceed with the formal order. This annual meeting of shareholders is regularly constituted, and properly appointed proxy holders who have properly logged in with their control numbers or username and wish to vote will be able to see on the screen all motions being brought forward at this meeting. The next item of business is approval of the last annual meeting of shareholders' minutes. The last annual meeting of shareholders of the corporation was held also virtually on May 7th, 2020, and as there are no matters arising from the last annual meeting of shareholders and there have been no intervening meetings, I suggest we take the minutes of the last meeting as read and approved. The next item of business is to receive the report of management, consolidated financial statements of the corporation for the year ended December 31st, 2020, and the report of the auditors thereon. All these have been made available to the shareholders, and unless there is an objection, we will dispense with the reading of the management report, the consolidated financial statements, and the audit report. In addition, Mr. John Williamson, who is a partner of the chartered accounting firm PricewaterhouseCoopers LLP, the corporation's auditors, is also on the line and has agreed to respond to any questions in regards to the audit. If there are any questions, please submit your questions now using the Lumi instant message function. Paul, you can confirm if there are no questions submitted, Paul. There are no questions submitted. Okay, as there are no questions, we will now proceed with the next item of business, being the election of directors. It is now in order to proceed with the election of directors. Pursuant to the articles of incorporation, the corporation must have a minimum of three directors and a maximum of 15 directors. It is proposed that a total of 11 persons be elected as directors at this meeting. Eleven director nominees of the corporation have agreed to stand for election. These nominees are as follows: Catherine M. Best, M. Elizabeth Cannon, N. Murray Edwards, Christopher L. Fong, Gordon D. Giffin, Wilfred A. Gobert, Steve W. Laut, Tim S. McKay, Frank McKenna, David A. Tuer and Annette M. Verschuren. Are there any further nominations? I have no further nominations, I now declare the nomination closed. We have been advised that based on the calculations of proxies received, each of the directors will be elected as a director by a majority of the votes cast in the meeting in favor of this election. I now declare the following to be duly elected directors of the corporation to serve until the next annual meeting of the shareholders of the corporation, or until their respective successors have been elected or appointed. Those elected are Catherine M. Best, M. Elizabeth Cannon, N. Murray Edwards, Christopher L. Fong, Gordon D. Giffin, Wilfred A. Gobert, Steve W. Laut, Tim S. McKay, Frank McKenna, David A. Tuer, and Annette M. Verschuren. Appointment of auditors is the next item of business, and to authorize the audit committee of the board of directors to fix their remuneration. I'm advised that based on the calculation of proxies received, the resolution regarding the appointment of PricewaterhouseCoopers LLP as auditor of the corporation, and the authorize audit committee to fix remuneration will be approved. The next item is now the vote on executive compensation. We will proceed with the advisory vote on the corporation's approach to executive compensation. Although this is an advisory vote only and not binding on the corporation, the results of the vote will be considered by the Compensation Committee of the board of directors in determining its approach to executive compensation in the future. Please now submit any question you may have using the Lumi Instant Messages function if you have any questions in regard to this vote. Is there any questions? There are no questions. Thank you. There are no questions, we will now continue. The resolution is required to be passed by a simple majority of the votes cast at the meeting. I'm advised, based upon the calculations received, the resolution regarding approach to executive compensation will be approved by in excess of 97.5% of the votes cast. I am at this point also advised, I want to advise all registered shareholders and duly approved proxy holders that the electronic ballots respecting the items above will close shortly, in one minute. Once the electronic ballots closes, the voting will disappear, and your votes will automatically be submitted. I'll just now pause for approximately a minute while we wait to make sure any additional votes are submitted. Thank you. Given that time has now passed, I now declare the polls closed. Given the polls are now closed, I will ask that the scrutineers will compile the actual final results of the voting on all business matters conducted at the meeting. These results will be published by the corporation on SEDAR and issued in a formal press release. There are no further business to be brought before the meeting, Paul, there's no other questions. There's no questions, Paul, submitted? No questions have been submitted. I therefore declare this meeting to be terminated. Thank you very much, everybody, and next year, hopefully, we'll be able to gather in person and rejoin all of the friendships, rekindle old friendships, and have some time together in which we can talk about the corporation business. Look forward to seeing all of you next year in person. Thank you very much.
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